Money is an important asset that is used for many things, which makes it a scarce resource. For those in money lending businesses, it’s important to have money lending accounting software.
A money lending accounting software will come in handy to help you manage your business and keep records and client’s data safe.
So what is this money lending accounting software?
It’s a system designed to help you keep clients’ data, transaction records, generated reports, credit scores, and many other details.
What is money lending accounting software used for?
- Keeping records- all details are kept safe and record updating is easy, besides it protects you during auditing.
- Automating transactions- accept and deny applications fast; can add totals, compile statements, and generate invoices.
- Tabulate data- analyze data, records, and transactions and get to know how your business is doing.
- To generate a running history- makes it easy to form realistic, achievable goals; you can use financial history to track progress and plan ahead.
- To simplify tax filling- disorganized files may make it difficult to file returns and also misinterpreted information may cost heavy fines.
So what is this software?
A web-based digital platform that is used to manage clients’ information, keep track of their transactions and generate reports and business statements.
Jisort also is an automating transaction solution for Microfinance Institutions, SACCOs, Banks, Cooperatives, Credit Unions, Lending Organizations, and other MFIs.
It’s fully integrated with Mobile Money and Banks.
Jisort is a money lending accounting software easy-to-use platform and doesn’t require any special skills to use.
It’s all in one platform.
The above demo displays your clients, the number of loans completed, the active loans, and pending ones.
It also gives you a graphical representation of how your business is doing, whether you are running on income or expenses.
Besides, you also get to see how much a certain client has applied and you can quickly export data and share it with your client.
Manage and update records easily with this simple platform.
Why use Jisort:
Jisort is in the development of core banking systems and applications by applying the latest technology.
Has been running for over 6 years and serving over 1000 financial institutions both locally and internationally.
- It’s simple and user-friendly- manage all transactions and data at ease, you need no special skills to work with Jisort.
- Affordable- for as little as $20 you have your own management system to help you keep track of all transactions.
- Many payment modules- integrates with banks and many others so clients can pay easily and fast.
- Great support- get help anytime you are unable to perform a certain problem.
- Loan risk assessment- get to follow up on clients who make late payments, get credit scores and reports on loans.
How does Jisort Work?
Jisort being a core banking system and running for over 6 years it has been able to integrate with:
- Credit Reference Bureaus (CRBs)
- Among others
Jisort offers an alternative real-time integrated banking channel that allows Financial Institutions to offer banking services with minimum cost.
It makes it easy to manage loans and records fast. It is also easy to edit and update records as well as get reports and invoices.
Here is the system pricing:
Manage clients’ applications fast, Jisort also offers a Bulk SMS service to help you reach all your clients fast.
Money is scarce and finding a way to make more money out of lending is excellent. However, you require money lending accounting software to make sure you keep records and transaction data safe.